BLUE CHIP CORNER DEVELOPMENT SITE ON BUSTLING PROSPECT ROAD
Asking Price $1,775,000
With what is fast becoming one of metropolitan Adelaide's most highly sought after and most visited inner-city locations this prime corner Prospect Road site provides you with unrivalled opportunity.
Offering a juxtaposition of quality cosmopolitan lifestyle, excellent capital growth opportunities, and high visibility this corner site of over one-quarter of an acre has been utilised for nearly 5 decades as a workshop. Either retain the existing use or with the rezoning some 5 years prior to Urban Corridor – Transit Living Policy Area, there is the excellent prospect to redevelop this site to medium density residential or mixed use development (STCC).
With the adjacent location of the iconic St Helen's Park, you are provided with the unrivalled opportunity for your development of 3-4 storeys to take advantage of the panoramic vista of this beautiful tree-lined reserve.
The site itself is approximately 3.5km's north from the Adelaide CBD, 2.7km's from the iconic Adelaide Oval and just 200m from Blackfriars Priory School, Prescott College and also within the Adelaide High School and Adelaide Botanic School Zones.
The property will be sold inclusive of GST.
35 Prospect Road is:
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1035 m² (*approx)
Redevelop this site to medium density residential or mixed use development (STCC).
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